Sunday, January 30, 2011

CHF/JPY

The more price knocks on the door(white line), the more likely they are to come through. This is very nice setup that will be on my radar screen. As soon as I get confirmation I'll enter a long position for a couple hundred pips. Hope it helps

Wheat Futures

Another lovely setup for the taking. I'll enter a long position with a target of 868 as soon as price touches support @ 810 plus change. Hope it helps

Coffee futures

Here's a beauty. Nice breakout with up trend plus a decline in volume. Hope it helps

Saturday, January 29, 2011

Silver futures +.47

Amazing how the pattern repeats itself. Looks to me like the price wants to go to 24 and change. I'll get short as soon as I get confirmation. I will send an alert to those on my list. If you're not on my alert list and would like to be, send your email address to - jamesolivertrades@gmail.com

Short @ 28.05 stop @ 28.54
target one @ 27.43 
target two @ 26.63
STOPPED OUT @ 27.58 +.47

IWM

Notice how price has kissed the the bottom of the up trend line three times, and probably would have four times had it not been for Egypt. I am licking my chops for this setup, not only because of the trend, but it looks like a H & S pattern is forming... Stay tuned

Thursday, January 27, 2011

GBP/AUD +50

TARGET ONE HIT @ 1.5919
TARGET TWO @ 1.5877
STOPPED OUT @ 1.5984 +50

USD/JPY +107 PIPS


TARGET ONE HIT @ 82.208 +36 PIPS
TARGET TWO HIT @ 81.97 
TARGET THREE HIT @ 81.51